How can I break into buy and hold with too much debt

[Jeff Johnson]

Hello, I currently work 2 full time times (no fun) and make about 180k a year gross. I have about 40k in my 401k (Which I could take 20k out for a loan for a downpayment). My wife didn't work for a over a year and now works a minimal wage job. I've  have about 50k in credit card bills and my current mortgage is 3k a month. I also have a student loan and 2 car notes. I would like to get buy and hold property(s) maybe in Jacksonville, FL since the prices there are pretty low compared to Maryland where I live. What can I do know to make that happen with my current situation? All the loans I see are debt to income based. Please help.

[Caleb Heimsoth]

@Jeff Johnson must be a large house to have a 3k a month mortgage. I would recommend downsizing the house, and paying off student and credit card debt. If you have that much credit card debt your credit score probably isn’t great